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Waitr Holdings (FRA:1OW0) Accounts Receivable : €2.55 Mil (As of Sep. 2023)


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What is Waitr Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Waitr Holdings's accounts receivables for the quarter that ended in Sep. 2023 was €2.55 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Waitr Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 21.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Waitr Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was €-5.12.


Waitr Holdings Accounts Receivable Historical Data

The historical data trend for Waitr Holdings's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Waitr Holdings Accounts Receivable Chart

Waitr Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 3.24 2.95 2.43 2.68 3.76

Waitr Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.13 3.76 2.81 2.64 2.55

Waitr Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Waitr Holdings Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Waitr Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.547/10.757*91
=21.61

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Waitr Holdings's accounts receivable are only considered to be worth 75% of book value:

Waitr Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.361+0.75 * 2.547+0.5 * 0-75.569
-0-0)/13.5443
=-5.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Waitr Holdings Accounts Receivable Related Terms

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Waitr Holdings (FRA:1OW0) Business Description

Traded in Other Exchanges
Address
214 Jefferson Street, Suite 200, Lafayette, LA, USA, 70501
Waitr Holdings Inc operates an online ordering technology platform that provides delivery, carryout, and dine-in options, connecting restaurants, merchants, drivers, and diners in certain cities in the United States. It partners with independent local restaurants and regional and national chains in small and mid-size markets. Its platform uses the deliver anything ASAP model making it easy for consumers to order food, alcohol, convenience, grocery, flowers, auto parts, and more, and includes proprietary in-stadium mobile ordering technology. It has two reportable segments Delivery Services Segment and Third-Party Payment Processing Referral Services Segment, and the majority of the revenue comes from the Delivery Services Segment.

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